- The key vendors in the Global Ethylene Glycol Market 2014-2018 are DOW Chemical Company, Huntsman International LLC, Reliance Industries Ltd., SABIC Innovative Plastics and Sinopec Ltd.
London, 28 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Ethylene Glycol Market 2014-2018. One major trend upcoming in the market is the growing demand for polyester fibers in the APAC region. With growing industrialization and changing lifestyles, the demand for and use of polyester fibers is increasing, which, in turn, is increasing the Global Ethylene Glycol market. The Global Ethylene Glycol market is expected to witness a growth at a CAGR of 4.67 percent during the forecast period of 2013-2018.
“With the increase in industrialization, development of infrastructure, and changing lifestyles, the Automobile industry is growing, which has led to the increased consumption of and demand for ethylene glycol products in the market,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
